Tds on reimbursement of expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 October 2015
Dear experts,
Contractor has given the saparate bill for reimbursement of expenses like fooding, petrol, travelling etc. With supporting document, however the contractor has also charged ST on the reimbursement bill, plz let me know weather TDS will attract on this reimbursement bill or not.......
Thanx & Regard
Pallavi Gupta
Contractor has given the saparate bill for reimbursement of expenses like fooding, petrol, travelling etc. With supporting document, however the contractor has also charged ST on the reimbursement bill, plz let me know weather TDS will attract on this reimbursement bill or not.......
Thanx & Regard
Pallavi Gupta
12 October 2015
TDS is not applicable on reimbursement bill since separate bill has been raised for reimbursement of expenses.
However as per recent amendment in section 67 vide Finance Act 2015 Service Tax is applicable on reimbursement of Expenses.
Budget 2015 has amended section 67 to include reimbursement of expenses in the value of taxable service.
However as per recent amendment in section 67 vide Finance Act 2015 Service Tax is applicable on reimbursement of Expenses.
Budget 2015 has amended section 67 to include reimbursement of expenses in the value of taxable service.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund of AY 22-23
- Tax on capital gains revoked us 54f
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Disallowance of Section 43B(h) to sez units
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Company Incorporation - CA and directors signing from different states
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- ITC - in 3b
- GST REFUND ON EXPORT EXPENSES OF EXEMPTED GOODS
- GSTR9 and 9c
- Ineligible ITC taken
- Vivad se vishwas scheme 2024 new
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
